Buchanan v. Century Federal Savings & Loan Ass'n

306 Pa. Superior Ct. 253 (1982)

452 A.2d 540

Roger E. BUCHANAN, et al.

v.

CENTURY FEDERAL SAVINGS & LOAN ASSOCIATION, et al.

Appeal of FEDERAL NATIONAL MORTGAGE ASSOCIATION.

Superior Court of Pennsylvania.

Argued April 13, 1982.

Filed November 5, 1982.

Judith R. Cohn, Pittsburgh, for appellant.

Michael Malakoff, Pittsburgh, for appellees.

Before HESTER, JOHNSON and POPOVICH, JJ.

POPOVICH, Judge:

This class action was brought in 1971 by a group of mortgage borrowers challenging the practice of numerous banks and lending institutions of requiring monthly payments of one-twelfth of annual taxes, assessments…